Skip-A-Payment
With Tampa Bay Federal’s Skip-A-Payment program, you can pause one monthly loan payment when you need it most. It’s a simple way to catch up, free up cash, or take care of unexpected expenses—without hurting your credit.
Loans eligible for Skip-A-Payment:
- All Vehicle Type Loans
- Personal Term Signature Loans
- Personal Lines of Credit
- Share and Certificate Secured Loans
- Smart Start Loan (Credit Builder)
- Mastercard Platinum Credit Cards (Rewards and Non-Rewards)
Borrower must complete the Skip-A-Payment Authorization form 4 (four) days before loan payment due date. A service fee will be assessed for each Skip-A-Payment request and will be withdrawn from your account when payment is approved.
Qualifications for Skip-A-Payment:
- All share and loan accounts must be in good standing
- Loan must be active for 6 months
- Maximum of one (1) Skip-A-Payment per loan per calendar year
At this time the following loans are NOT eligible for Skip-A-Payment:
- First and Second Mortgage Loans
- Home Equity Loans
- Manufactured Homes (Triad Loans)
- Any loan with an active CPI (Collateral Protection Insurance) policy added on loan
- Quick Start Loan
- Unsecured Home Improvement Loan (NFP Loan)
Should you be experiencing difficulties paying any of the above loans due to a recent change in your financial situation, please contact us immediately at 813-247-4414 x7603